Russia’s president Vladimir Putin said the BRICS community will generate many of the realm economic growth in the coming years as a consequence of its size and pretty snappily growth.
He was as soon as speaking on the bloc’s business dialogue board on Friday which comes sooner than the BRICS summit which take effect in the Russian metropolis of Kazan from 22-24 October.
Putin licensed that the GDP of BRICS countries exceeded $60 trillion remaining three hundred and sixty five days, accounting for about 37.4 per cent of the realm GDP, and bigger than the 29.3 per cent of G7 countries.
“The work of BRICS is not aimed against anyone. It is aimed only at one general task – the sustainable development and flourishing of our countries and people,” he said.
His message was as soon as welcomed by participants, who behold slightly a couple of opportunities for their businesses in the BRICS countries, which have now expanded to ten.
“The different for South Africa and for the African continent that is presented by BRICS is frequently massive,” said Busi Mabuza, the chairperson of the South Africa chapter of the BRICS Business Council.
She said her country had already viewed a growth in change on chronicle of of its presence in BRICS.
The secretary neatly-liked of the Federation of Egyptian Chambers of Commerce, Alaa Ezz, said Egypt has many initiatives within Africa.
“Collaborative cooperation with BRICS member states to finish initiatives in infrastructure with Egyptian companies is a reduction, win-win for all aspects,” he said.
He added that Egypt imports 50 per cent of its food, with BRICS certainly one of many main suppliers.
Facing isolation from the West over Russia’s actions in Ukraine, Putin hopes the BRICS grouping will be a vitality counterweight to it in both world change and politics.
